A percentile is a measure that helps us understand the position or relative standing of a particular value within a dataset. Percentiles help us divide the data into equal-sized groups and determine the position of a value within those groups. For example, if someone’s score is at the 80th percentile, it means they performed better than 80% of the people in the dataset.
Percentiles provide insights into how a specific value compares to others, allowing us to assess performance, rankings, or distributions. They are commonly used in various fields, such as education, healthcare, and finance, to understand and comunicatedata in a meaningful way.
